Further Advance
Our Pivot: 1720
Our Preference: Start buying XAUUSD above 1726.00 with strict stop loss of 1720.00 and profit target at 1738.00 and breakout above 1738 will call for 1745.00 and 1751.
Alternate Scenario: Downward penetration of 1720.00 will call for 1713 and 1707 with extension towards 1700.
NOTE: XAUUSD is taking correction of its last bullish rally.
Chart with supports & resistances:
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